Andy and Boaz are partners who own several jewellery shops. Whilst on a business trip in India, Andy came across a goldsmith business that specialised in handmade exotic gold necklaces. Andy realised that there should be a very exclusive and lucrative market for such necklaces in South Africa, and decided to buy a huge shipment of these necklaces. Upon his return to South Africa, Andy opened a new shop where he intends to sell these necklaces as a separate business for his own benefit. Boaz heard about the purchase of the new shop and approached you for legal advice.Required:Advise Boaz on his legal position as a partner. (10 marks)
